Developing countries facing a debt crunch
LONDON, Oct 4 (Reuters) – High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing...
World Bank should add disaster clauses to debt agreements, Yellen says
[1/2]U.S. Treasury Secretary Janet Yellen delivers her speech at the U.S embassy to France, ahead of the Global Climate Finance conference, in Paris, France June...
Yellen to push for concrete actions at Paris debt summit
June 21 (Reuters) – U.S. Treasury Secretary Janet Yellen will press world leaders to take concrete actions at a summit this week on easing the...
IMF says public debt is growing faster than pre-COVID projections
Public debt to return to nearly 100% in 2028 Growth in debt dominated by U.S., China 39 low-income countries in or near debt distress WASHINGTON,...
Factbox: The developing countries facing a debt crisis
LONDON, April 5 (Reuters) – The record number of developing nations at risk of a debt crisis will be high on the agenda next week...
World Bank warns of ‘lost decade’ in global growth without bold policy shifts
New financial crisis could lead to “sharper” slowdown Boosting investment, cutting trade costs could reverse trend Raising labor force participation would boost growth rate WASHINGTON,...
Analysis: Overlapping crises add urgency for IMF, World Bank resources, reforms
WASHINGTON, Oct 20 (Reuters) – Global financial leaders are digging into a long to-do list after International Monetary Fund and World Bank member countries sent...
Bank of England’s Bailey tells pension funds they have 3 days to rebalance
WASHINGTON, Oct 11 (Reuters) – Bank of England Governor Andrew Bailey told pension fund managers to finish rebalancing their positions by Friday when the British...
IMF’s Georgieva says China, other big creditors must work to prevent debt ‘explosion’
International Monetary Fund chief Kristalina Georgieva meets Democratic Republic of Congo President Felix Tshisekedi in Kinshasa, Democratic Republic of Congo, December 8, 2021. REUTERS/ Hereward...
IMF sees further global economic slowdown in third quarter
A participant stands near a logo of IMF at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October...